Director at Pitney Bowes (NYSE: PBI) reports net share purchases
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pitney Bowes Inc. director Peter C. Brimm reported mixed trading activity in company securities. On February 27, 2026, he bought 4,000 shares of common stock in open-market transactions at a weighted average price of about $10.785 per share, increasing his direct holdings to 16,500 common shares.
On the same date, Brimm also traded call options (rights to buy), purchasing 100 call contracts and selling 200 call contracts in open-market transactions at reported prices of $228.70, $217.00, and $215.00 per contract, leaving no call options held directly after these trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,900 shares ($66,010)
Net Buy
4 txns
Insider
Brimm Peter C
Role
Director
Bought
4,100 shs ($66K)
Sold
200 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Calls (Right to buy) | 100 | $228.70 | $23K |
| Sale | Calls (Right to buy) | 100 | $217.00 | $22K |
| Sale | Calls (Right to buy) | 100 | $215.00 | $22K |
| Purchase | Common Stock | 4,000 | $10.785 | $43K |
Holdings After Transaction:
Calls (Right to buy) — 100 shares (Direct);
Common Stock — 16,500 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Peter C. Brimm report for Pitney Bowes (PBI)?
Peter C. Brimm reported mixed trades, including a purchase of 4,000 Pitney Bowes common shares and several trades in call options. These transactions occurred on February 27, 2026, and are classified as open-market purchases and sales.
At what price did Peter C. Brimm buy Pitney Bowes (PBI) common stock?
Brimm bought 4,000 common shares at a weighted average price of about $10.785 per share. A footnote explains the trades were executed between $10.78 and $10.79, and he can provide detailed breakdowns upon request.
What derivative transactions involving Pitney Bowes (PBI) did Peter C. Brimm report?
Brimm traded call options (rights to buy) on Pitney Bowes shares, purchasing 100 calls and selling 200 calls. Reported prices were $228.70, $217.00, and $215.00 per contract, resulting in no call options held afterward.
Were Peter C. Brimm’s Pitney Bowes (PBI) trades open-market transactions?
Yes. The Form 4 describes both the common stock purchase and the call option trades as open-market transactions or private transactions, using standard SEC transaction codes for purchases (P) and sales (S) of these securities.
Does the Form 4 for Pitney Bowes (PBI) mention any indirect ownership for Peter C. Brimm?
No. All reported positions in this Form 4 are marked as direct ownership using code “D.” The filing does not indicate any indirect holdings through entities such as trusts, partnerships, or family investment vehicles.